# Mielke: Benchmark milk prices slide | TheFencePost.com

> Class III milk fell to $14.00 per cwt. in January, down $1.44 from December and the lowest since June 2016. The Class IV price for January was $13.13, also the lowest since May 2016. Cash block and barrel cheese prices were softer in the week of January 29.

- Date: 2018-02-09 · published 2018-02-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66638-mielke-benchmark-milk-prices-slide-thefencepost-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower benchmark milk prices reduce the revenue of dairy producers and signal weaker dairy product demand. Lower milk prices also reduce the cost-to-value of dairy feed rations and may dampen demand for dairy-related feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- thefencepost.com: https://www.thefencepost.com/news/mielke-benchmark-milk-prices-slide/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.